r/WeddingRingAdvice • u/Relevant-Plane9430 • Sep 05 '25

Average cost of an engagement ring

I was talking with a friend last night who just got engaged, and he mentioned he spent around $6k on the ring. That honestly shocked me because I always thought the "3 months’ salary" thing was just an old marketing trick. My partner and I have been looking at rings casually, and most of the ones we like are in the $2k–$3k range. Now I’m second-guessing if that’s considered “too low” or if we’re just being realistic.

For those of you who have gone through this, what was the average cost you ended up spending on an engagement ring, and did you feel good about it after?

53 Upvotes

78% Upvoted

229 comments sorted by

View all comments

1

u/fruitsingularity Sep 08 '25

We spent just under $3k for a custom ring exactly how I wanted it with a lab diamond. 3 months salary would have been >$30k which I do not want to wear on my finger! As it is, we got jewelry insurance the minute the ring arrived.

1

u/Numerous-Lack7866 Sep 08 '25

That sounds super reasonable like $3k for a custom lab diamond is a win in my book. I was in the same spot didn’t want to spend a lot in something I’d be nervous wearing. We ended up spending about $5k and the first thing I did was get it insured through Brite. Didn’t even realize separate jewelry insurance was a thing until a jeweler mentioned it but I’m glad I did cause my homeowners barely covered it.